6 days Ago By ABMN Staff
Vanguard Group Inc. lifted its stake in shares of Trinity Industries, Inc. ( NYSE:TRN – Free Report ) by 1.
3% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 10,099,602 shares of the transportation company’s stock after purchasing an additional 126,139 shares during the quarter. Vanguard Group Inc.
owned 12.29% of Trinity Industries worth $354,496,000 as of its most recent SEC filing. Other hedge funds and other institutional investors have also bought and sold shares of the company.
Fox Run Management L.L.C.
grew its position in Trinity Industries by 52.2% in the fourth quarter. Fox Run Management L.
L.C. now owns 17,053 shares of the transportation company’s stock valued at $599,000 after acquiring an additional 5,847 shares during the last quarter.
KLP Kapitalforvaltning AS bought a new position in Trinity Industries during the 4th quarter worth $583,000. American Century Companies Inc. lifted its stake in shares of Trinity Industries by 25.
6% in the fourth quarter. American Century Companies Inc. now owns 2,187,366 shares of the transportation company’s stock worth $76,777,000 after acquiring an additional 446,142 shares during the period.
Millstone Evans Group LLC acquired a new stake in shares of Trinity Industries during the fourth quarter worth $54,000. Finally, Xponance Inc. acquired a new position in shares of Trinity Industries in the 4th quarter valued at about $208,000.
Institutional investors and hedge funds own 86.57% of the company’s stock. Trinity Industries Price Performance TRN opened at $26.
62 on Friday. The firm has a market cap of $2.18 billion, a P/E ratio of 16.
23 and a beta of 1.48. The company has a debt-to-equity ratio of 4.
35, a quick ratio of 1.08 and a current ratio of 1.80.
Trinity Industries, Inc. has a fifty-two week low of $25.89 and a fifty-two week high of $39.
83. The firm has a 50-day moving average of $32.27 and a 200 day moving average of $34.
69. Trinity Industries Announces Dividend The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Tuesday, April 15th will be issued a $0.
30 dividend. This represents a $1.20 annualized dividend and a yield of 4.
51%. The ex-dividend date is Tuesday, April 15th. Trinity Industries’s payout ratio is 73.
17%. Insiders Place Their Bets In related news, EVP Gregory B. Mitchell sold 9,286 shares of the firm’s stock in a transaction dated Monday, March 3rd.
The stock was sold at an average price of $31.02, for a total transaction of $288,051.72.
Following the transaction, the executive vice president now directly owns 111,879 shares of the company’s stock, valued at approximately $3,470,486.58. This trade represents a 7.
66 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link . Corporate insiders own 1.
60% of the company’s stock. Analysts Set New Price Targets Separately, Susquehanna upped their price objective on shares of Trinity Industries from $34.00 to $35.
00 and gave the company a “neutral” rating in a report on Monday, March 3rd. Check Out Our Latest Stock Report on Trinity Industries Trinity Industries Profile ( Free Report ) Trinity Industries, Inc provides rail transportation products and services under the TrinityRail name in North America. It operates in two segments, Railcar Leasing and Management Services Group, and Rail Products Group.
The Railcar Leasing and Management Services Group segment leases freight and tank railcars; originates and manages railcar leases for third-party investors; and provides fleet maintenance and management services. See Also Want to see what other hedge funds are holding TRN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Trinity Industries, Inc.
( NYSE:TRN – Free Report ). Receive News & Ratings for Trinity Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Trinity Industries and related companies with MarketBeat.com's FREE daily email newsletter .
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